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AD&Co. News - Sept. '07
Model Releases & Updates
by Rob Landauer
The last several weeks have been trying ones for most participants in the MBS markets. Rest assured that AD&Co. is here to help smooth your path during these turbulent times as we have been working hard to ensure that our models keep pace with the rapidly changing environment. Please do not hesitate to give us a call to ask for our advice as to how to most effectively apply our models to your business or to discuss your concerns about the market. We are here for you.
There are several important developments to announce:
1) V5.2c of the AD&Co. Prepayment Model was released to clients in July, 2007.
Some of the enhancements in this release include:
a) New Option ARM Model released
b) Re-estimation of agency, prime and sub-prime ARM and hybrid prepayment models
c) Incorporation of OFHEO based HPI file in the monthly data file
d) User defined HPI forecast may be passed to the prepayment model instead of hard coded HPI scenario from data file. This will enable the user to project the impact that short-term negative HPI scenarios will have on prepayments.
For more details, please see the Version Release information page on our website.
